Cracked Wheat Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Cracked Wheat Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

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Wheat is one of the essential crops globally, and the most consumed grain in the U.S. There are various forms of grain available in the market that are rich in gluten and are suitable for celiac disease or wheat intolerance patients. The cracked wheat is one of wheat product made by refining raw wheat berries that have been crushed or cut into coarse, medium, and fine granulations for faster cooking. Cracked wheat provides a high amount of protein, dietary fiber, and a good source of calcium as well as iron. It is also a good source of folate that helps in cell production. Cracked wheat can be used in multi-grain bread, grain pilafs, pancakes, and various other grain dishes. As cracked wheat contain the outer bran as well as the germ of the wheat it offers multiple benefits such as it is an excellent source of nutrition, fiber, low-fat diet, and provide a variety of flavor and texture in the food.

Cracked Wheat Market: Drivers and Restraints

Growing demand for nutritional food, increasing health consciousness among people, innovative processing technology, and expanding food industry are some of the primary factors driving the growth of the global cracked wheat market. Moreover, rise in consumer awareness about healthy food, and it can be used as a substitute for white rice in various dishes such as stir-fries are another significant factors growing the cracked wheat market over the forecast period. However, availability of alternative products, and unfavorable climate condition for producing wheat which may limit the growth of the cracked wheat market during the forecast the period.

Cracked Wheat Market: Segmentation

The cracked wheat market has been classified by nature, end-use, and distribution channel.

Based on nature, the cracked wheat market is segmented into the following:

  • Organic
  • Conventional

Based on end-use, the cracked wheat market is segmented into the following:

  • Household
  • Food Industry
  • Feed

Based on the distribution channel, the cracked wheat market is segmented into the following:

  • Direct
  • Indirect
    • Store-based Retailing
      • Modern Grocery Retailers
        • Hypermarkets/Supermarkets
        • Convenience Stores
        • Discount Stores
      • Traditional Grocery Retailers
        • Food & Drink Specialty Stores
        • Independent Small Groceries
        • Other
      • Online Retail

Cracked Wheat Market: Overview

Cracked wheat market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is projected to perform well in the near future because it provides a nutritious addition to baked products, salad, meatloaf, and soups. Cracked wheat also helps in preventing breast cancer and also offer various cardiovascular benefits such as minimize the risk of high cholesterol as well as high blood pressure. Additionally, it provides various health benefits such as help in maintaining body weight, reduces metabolic syndrome, and helps in treating the risk of type 2 diabetes disease are the main factors that can propel the market revenue growth of cracked wheat in the near future. Based on end use, food industry segment is projected to lead the global cracked wheat market over the forecast period attributed to extensive use of cracked wheat in bakery industry to enhance the flavor and texture of baked products.

Cracked Wheat Market: Region-wise Outlook

Depending on the geographic region, the cracked wheat market is classified into seven key areas: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific excluding Japan, and the Middle East & Africa. Asia-Pacific excluding Japan is expected to be the leading markets in the global cracked wheat market followed by Europe owing to the high use of cracked wheat as a cooking ingredient and expanding food industry in the region. Japan cracked wheat market is expected to account healthy CAGR in the near future owing to rise in awareness among consumer about the health benefits associated with the cracked wheat. Moreover, the market in North America is projected to have the substantial growth in the global cracked wheat market over the forecast period due to growing demand for the nutritional product along with high health conscious people and adoption of novel technologies for developing creaked wheat products in the region. MEA is expected to witness the significant growth rate in the global cracked wheat market due to extensive consumption of cracked wheat as a salad known as tabbouleh along with primary ingredient in pilafs.

Cracked Wheat Market: Key Players

Some of the prominent players in the cracked wheat market are Bob’s Red Mill Natural Foods Company, Heidelberg Baking Company, Seattle Baking Company, Parrish and Heimbecker Limited, KP Snacks Company, Ukrdelice Agricultural Company, Hodgson Mill, Inc., Ardent Mills Company, and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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